Wiki Selling TSLA Options - Be the House

[OrthoSurg]

Please tell me when to buy LEAPs

I am ready

 

[Jim Holder]

Jim, do you know how often the SP has moved enough to hit the GEX lines?

I don't have that data, maybe our old friend Yoona does, you can ping her on Twitter.

 

[MikeC]

Sold 10x 200c for Friday for some downside insurance - hoping I have to roll them tomorrow or this could get ugly.

 

[EVNow]

Please tell me when to buy LEAPs

I am ready

100

Thats my "plan".

 

[Cherry Wine]

I legit want TSLA to touch $200 just so @dl003 doesn't feel compelled to live up to his bet. (He shouldn't) (And honestly, $202.xx should be good enough anyways, darn it)

 

[Jim Holder]

Rebought and added a couple +C300 Jan 2026 LEAPS here @$42.10 (sold the ones I was holding earlier at $48)
I know it is not good R:R practice to go long in this environment but I don't mind putting some extra cash from gains to work if we're indeed near lows, plus the LEAPS don't depreciate so quickly if we breech $200, so I can cut them then and re-enter later.

 

[EVNow]

I've 230 CC and 200/180 put spread for tomorrow. Will roll the spread down today... rather than wait for tomorrow.

Ironically I sold only one spread contract by mistake (didn't change the default). So, no worries if SP goes below 200.

Planning to sell 180/160 put spread for next week.

 

[thenewguy1979]

I legit want TSLA to touch $200 just so @dl003 doesn't feel compelled to live up to his bet. (He shouldn't) (And honestly, $202.xx should be good enough anyways, darn it)

If we keep going down will hit it today

SP at 205 now......

 

[ninpb]

STO 11/3 195P for 3.15.
Looking to day trade 10/27 -210C if it gets close to it.

 

[OrthoSurg]

Rebought and added a couple +C300 Jan 2026 LEAPS here @$42.10 (sold the ones I was holding earlier at $48)
I know it is not good R:R practice to go long in this environment but I don't mind putting some extra cash from gains to work if we're indeed near lows, plus the LEAPS don't depreciate so quickly if we breech $200, so I can cut them then and re-enter later.

Just bought the same as you

But I deployed only 10% of available capital. If it goes lower I’ll add more

 

[thenewguy1979]

Lower low and lower high on 5m chart. Taking a breather in between.

 

[Nocturnal]

Sold off my +Ps for a nice little profit. Watching for now.

 

[dl003]

Sold 10x 200c for Friday for some downside insurance - hoping I have to roll them tomorrow or this could get ugly.

this is how DITM CCs are born. If it bounces, it will hit 235 in short order. Rolling might not be as easy as you think.

 

[Jim Holder]

this is how DITM CCs are born. If it bounces, it will hit 235 in short order. Rolling might not be as easy as you think.

How's flow/IV/etc, more pain ahead?

 

[Cherry Wine]

this is how DITM CCs are born. If it bounces, it will hit 235 in short order. Rolling might not be as easy as you think.

Amen. Why I've become more a fan of +Ps than -Cs in these types of zones. Also, with that in mind, why I closed my 12/15 -c270s at a nice profit this morning. Now targeting weeklies on a solid pop - strike TBD.

 

[dl003]

How's flow/IV/etc, more pain ahead?

not bearish

 

[Cherry Wine]

Honestly not sure how the market will react if it doesn't, but I believe TSLA needs to close above $210.68 in order to close above VWAP anchored to the January low.

 

[thenewguy1979]

not bearish

Still hanging onto those boatload of Puts?

 

[MikeC]

this is how DITM CCs are born. If it bounces, it will hit 235 in short order. Rolling might not be as easy as you think.

I can accept that and I’m happy to roll flat each week for slight credit, if that means 200 isn’t breached.

 

[dl003]

Still hanging onto those boatload of Puts?

Closed them out today. This is what the last of them looked like.